Hasanah Social Enterprise Fund 2023: Calling all Malaysian Organisations Geared for Social or Environmental Impact – Apply

Immediate Release Hasanah Social Enterprise Fund 2023: Calling all Malaysian Organisations Geared for Social or Environmental Impact – Apply Now for Grants up to RM100k and Zero-Interest Loans up to RM750k RM10 million funding programme by Ministry of Finance and Yayasan Hasanah to upscale innovative solutions with measurable social and environmental goals Kuala Lumpur, 18 July – Yayasan Hasanah (. [...] Highlighting Yayasan Hasanah’s role in growing the impact space in Malaysia, Dato' Shahira Ahmed Bazari, Trustee and Managing Director of Yayasan Hasanah, shared, “As the nation’s largest grant maker, we’re committed to magnify the force of impact-driven businesses in our nation – and this includes bridging the gap between traditional and innovative funding models that is crucial for the longevity. [...] Through the collaboration with the Ministry of Finance (MoF), HSEF2023 supports the long-term sustainability and growth of the impact space, while ensuring its commercial viability. [...] This is a progressive step in nurturing entrepreneurship for good in our country." HSEF 2023 will be offered through three categories: • The first category, 'Seeding Path', offers funding of up to RM100,000 in the form of a grant to support the developmental purposes of the recipient organisation. [...] • The second category, 'Growth & Scale Path', provides funding up to RM500,000 in the form of a zero-interest rate loan, after which the proposed repayment amount and period are evaluated based on the applicant's performance in meeting financial and impact targets.